Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs)
In the 1990s, the issue of intellectual property rights (IPR) protection gained a prominent place on the international trade agenda, which led to the establishment of the trade-related aspects of intellectual property rights (TRIPs) as a part of the WTO regime. Two questions are asked regarding this...
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Format: | Article |
Language: | English |
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Korea Institute for International Economic Policy
2001-12-01
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Series: | East Asian Economic Review |
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Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.2.86 |
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author | Namhoon Kwon |
author_facet | Namhoon Kwon |
author_sort | Namhoon Kwon |
collection | DOAJ |
description | In the 1990s, the issue of intellectual property rights (IPR) protection gained a prominent place on the international trade agenda, which led to the establishment of the trade-related aspects of intellectual property rights (TRIPs) as a part of the WTO regime. Two questions are asked regarding this development: whether a multilateral organization such as the WTO performs better than bilateral negotiations in resolving IPR disputes, and what happened around the 1990s to create an environment favorable to the establishment of a multilateral organization. To deal with these issues, this paper takes the IPE (international political economy) approach. Using a very simple game theory model, I derive the cases in which a multilateral organization has better performances. Then, it is used to show that political pressures due to the growth of the US trade deficit in the late 1980s could have been the reason that a multilateral organization became the institutional equilibrium. |
first_indexed | 2024-12-19T05:31:14Z |
format | Article |
id | doaj.art-b20ec4ae816a47c8aa9250c600491d2f |
institution | Directory Open Access Journal |
issn | 2508-1640 2508-1667 |
language | English |
last_indexed | 2024-12-19T05:31:14Z |
publishDate | 2001-12-01 |
publisher | Korea Institute for International Economic Policy |
record_format | Article |
series | East Asian Economic Review |
spelling | doaj.art-b20ec4ae816a47c8aa9250c600491d2f2022-12-21T20:34:14ZengKorea Institute for International Economic PolicyEast Asian Economic Review2508-16402508-16672001-12-0152167193http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.2.86Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs)Namhoon Kwon 0Korea Information Society Development InstituteIn the 1990s, the issue of intellectual property rights (IPR) protection gained a prominent place on the international trade agenda, which led to the establishment of the trade-related aspects of intellectual property rights (TRIPs) as a part of the WTO regime. Two questions are asked regarding this development: whether a multilateral organization such as the WTO performs better than bilateral negotiations in resolving IPR disputes, and what happened around the 1990s to create an environment favorable to the establishment of a multilateral organization. To deal with these issues, this paper takes the IPE (international political economy) approach. Using a very simple game theory model, I derive the cases in which a multilateral organization has better performances. Then, it is used to show that political pressures due to the growth of the US trade deficit in the late 1980s could have been the reason that a multilateral organization became the institutional equilibrium.http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.2.86WTOTRIPBilateral NegotiationsMultilateral Organization |
spellingShingle | Namhoon Kwon Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) East Asian Economic Review WTO TRIP Bilateral Negotiations Multilateral Organization |
title | Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) |
title_full | Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) |
title_fullStr | Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) |
title_full_unstemmed | Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) |
title_short | Multilateral Organization vs. Bilateral Negotiations: A Case of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) |
title_sort | multilateral organization vs bilateral negotiations a case of the trade related aspects of intellectual property rights trips |
topic | WTO TRIP Bilateral Negotiations Multilateral Organization |
url | http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.2.86 |
work_keys_str_mv | AT namhoonkwon multilateralorganizationvsbilateralnegotiationsacaseofthetraderelatedaspectsofintellectualpropertyrightstrips |